There are those that do it, & feel quite comfortable.

This is basically the exact scenario that DSCR loans are designed for. 

In my experience these are the levels of how financial fraud is doneLevel 1 - The “sponsor” is a fraudster from the beginning and the entire investment is a designed fraud designed to steal the investor's money Level 2 - The sponsor initially intends to operate legally and honestly but the temptation of easy access to money, usually fueled by addictions to drugs, sex, partying, etc. leads to the bad decision to line the sponsors own pocketsLevel 3 - The sponsor intends to operate legally but a crisis in their life resulting in a need for money leads the sponsor to “borrow” from investor’s funds with the full intention of paying it back ( which they are unable to do).Level 4 - The sponsor intends to operate legally but the assets under their management incur substantial loses; the sponsor attempts to cover up these loses by “temporarily” borrowing from one investor to pay another or submitting false results.

It's not really true loyalty program it's actually more a way to verify their underwriting and get more and more comfortable with you as a client/customer.  

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

The second floor holds a bright bedroom with a king bed and en suite bath, a restful room with a queen, and a comfortable bedroom with two twin beds as well as a full bathroom.

Instead, I’m teaming up with a trusted partner from Anniston, AL, which has made my wife feel more comfortable with the plan :).I’ve been diving deep into the Birmingham market, using local resources and data to shape my investment strategy.

Once you are comfortable with the knowledge of the LLC from a tax standpoint, then you might want to talk to your attorney and see if that set up is good for you from a legal standpoint.

That's the only way I'd be comfortable operating any kind of rental, LTR or MTR, out of a condo.

Probably not, but that's not what it is designed for.